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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

During the quarter ending March 31, 2025, each of the following directors and Section 16 officers adopted a Rule 10b5-1 Trading Arrangement (as defined in Item 408(a) of Regulation S-K) to sell common shares:

 

Name

Title

Adoption Date

Expiration Date (1)

Shares Vesting and Subject to Sell-To-Cover (2)

 

Other Shares Being Sold (Subject to Certain Conditions)

Roberton Stevenson

EVP and Chief Human Resources Officer

March 5, 2025

February 24, 2026

 

3,285

 

n/a

Michael Wattenbarger

EVP and Chief Information Officer

March 5, 2025

February 24, 2026

 

3,610

 

n/a

R. Dirk Allison

Chief Executive Officer and Chairman of the Board

August 26, 2024

March 10, 2025(3)

n/a

 

87,500(4)

R. Dirk Allison(3)

Chief Executive Officer and Chairman of the Board

March 4, 2025

February 24, 2026

 

28,942

 

n/a

Darby Anderson

EVP and Chief Government Affairs & Community Relations Officer

March 5, 2025

February 24, 2026

 

4,718

 

n/a

W. Bradley Bickham

President and Chief Operating Officer

March 5, 2025

February 24, 2026

 

12,173

 

n/a

Cliff Blessing

EVP and Chief Development Officer

March 14, 2025

February 24, 2026

 

4,009

 

n/a

Brian Poff

EVP, Chief Financial Officer, Secretary and Treasurer

March 4, 2025

February 24, 2026

 

11,363

 

n/a

Monica Raines

EVP and Chief Compliance and Quality Officer

March 13, 2025

March 1, 2026

 

4,010

 

n/a

Sean Gaffney

EVP and Chief Legal Officer

March 7, 2025

February 24, 2026

 

3,718

 

n/a

David Tucker

EVP and Chief Strategy Officer

March 13, 2025

February 24, 2026

 

4,091

 

n/a

 

(1) Each plan will expire on the date represented in the table or upon the earlier completion of all transactions contemplated by the arrangement.

(2) This column indicates the total number of shares vesting in connection with equity awards, not the number of shares to be sold. The actual number of shares to be sold will be a smaller number based on whatever is required to satisfy payment of applicable withholding taxes under sell-to-cover arrangements.

(3) On March 10, 2025, Mr. Allison terminated his existing 10b5-1 Plan during the quarter in connection with his entry into a third amended and restated employment and non-competition agreement.

(4) Mr. Allison became CEO of the Company in early 2016 and, in connection with that appointment, received a grant of options with respect to 150,000 shares on January 21, 2016, of which 87,500 remained outstanding and unexercised at the plan’s establishment. Those options have a ten-year term and are thus forfeited if not exercised by early 2026. Mr. Allison had established this plan in order to effectuate an orderly process for exercising and selling before the date of forfeiture and sold 37,500 shares prior to the plan’s termination.

Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Roberton Stevenson [Member]  
Trading Arrangements, by Individual  
Name Roberton Stevenson
Title EVP and Chief Human Resources Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 5, 2025
Expiration Date February 24, 2026
Aggregate Available 3,285
Michael Wattenbarger [Member]  
Trading Arrangements, by Individual  
Name Michael Wattenbarger
Title EVP and Chief Information Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 5, 2025
Expiration Date February 24, 2026
Aggregate Available 3,610
Darby Anderson [Member]  
Trading Arrangements, by Individual  
Name Darby Anderson
Title EVP and Chief Government Affairs & Community Relations Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 5, 2025
Expiration Date February 24, 2026
Aggregate Available 4,718
W Bradley Bickham [Member]  
Trading Arrangements, by Individual  
Name W. Bradley Bickham
Title President and Chief Operating Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 5, 2025
Expiration Date February 24, 2026
Aggregate Available 12,173
Cliff Blessing [Member]  
Trading Arrangements, by Individual  
Name Cliff Blessing
Title EVP and Chief Development Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 14, 2025
Expiration Date February 24, 2026
Aggregate Available 4,009
Brian Poff [Member]  
Trading Arrangements, by Individual  
Name Brian Poff
Title EVP, Chief Financial Officer, Secretary and Treasurer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 4, 2025
Expiration Date February 24, 2026
Aggregate Available 11,363
Monica Raines [Member]  
Trading Arrangements, by Individual  
Name Monica Raines
Title EVP and Chief Compliance and Quality Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 13, 2025
Expiration Date March 1, 2026
Aggregate Available 4,010
Sean Gaffney [Member]  
Trading Arrangements, by Individual  
Name Sean Gaffney
Title EVP and Chief Legal Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 7, 2025
Expiration Date February 24, 2026
Aggregate Available 3,718
David Tucker [Member]  
Trading Arrangements, by Individual  
Name David Tucker
Title EVP and Chief Strategy Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 13, 2025
Expiration Date February 24, 2026
Aggregate Available 4,091
Rule 10b5-1 Trading Arrangement Plan One [Member] | R Dirk Allison [Member]  
Trading Arrangements, by Individual  
Name R. Dirk Allison
Title Chief Executive Officer and Chairman of the Board
Rule 10b5-1 Arrangement Adopted true
Adoption Date August 26, 2024
Rule 10b5-1 Arrangement Terminated true
Termination Date March 10, 2025
Expiration Date March 10, 2025
Arrangement Duration 10 years
Aggregate Available 87,500
Shares sold prior to the termination 37,500
Rule 10b5-1 Trading Arrangement Plan Two [Member] | R Dirk Allison [Member]  
Trading Arrangements, by Individual  
Name R. Dirk Allison
Title Chief Executive Officer and Chairman of the Board
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 4, 2025
Expiration Date February 24, 2026
Aggregate Available 28,942
Stock Option Grant [Member] | R Dirk Allison [Member]  
Trading Arrangements, by Individual  
Aggregate Available 150,000